Citycon decided on a quarterly distribution

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May 04, 2023, 15:19 ET

CITYCON OYJ Inside information 4 May 2023 at 21:50 hrs

HELSINKI, Finland, May 4, 2023 /PRNewswire/ -- The Board of Directors of Citycon Oyj has today decided, on the basis of the authorisation by the Annual General Meeting 2023, that an equity repayment of EUR 0.125 per share be distributed from the invested unrestricted equity fund of the company. The equity repayment will be paid to a shareholder registered in the company's shareholders' register maintained by Euroclear Finland Ltd on the record date for the equity repayment 23 June 2023. The equity repayment will be paid on 30 June 2023.

Following the asset distribution on 30 June 2023, Citycon Oyj has distributed a total equity repayment of EUR 0.25 per share during the year 2023 and the remaining authorisation of Citycon's Board of Directors is EUR 0.25 per share.

Further information:
Sakari Järvelä
Vice President, Corporate Finance and Investor Relations
Tel. +358 50 387 8180
[email protected]

Citycon is a leading owner, manager and developer of mixed-use real estate featuring modern, necessity-based retail with residential, office and municipal service spaces that enhance the communities in which they operate. Citycon is committed to sustainable property management in the Nordic region with assets that total approximately EUR 4.2 billion. Our centres are located in urban hubs in the heart of vibrant communities with direct connections to public transport and anchored by grocery, healthcare and other services that cater to the everyday needs of customers.

Citycon has investment-grade credit ratings from Moody's (Baa3) and Standard & Poor's (BBB-). Citycon's shares are listed on Nasdaq Helsinki Ltd.

www.citycon.com